Common use of Acceleration of Securities Clause in Contracts

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Issuers shall promptly notify holders of Senior Debt of the acceleration.

Appears in 5 contracts

Samples: Indenture (FriendFinder Networks Inc.), Emergency Medical Services CORP, Alliance Laundry Holdings LLC

AutoNDA by SimpleDocs

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Issuers Company shall promptly notify holders of Senior and Senior Subordinated Debt of the acceleration.

Appears in 2 contracts

Samples: Indenture (Tenet Healthcare Corp), Indenture (Tenet Healthcare Corp)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Issuers Guarantor shall promptly notify holders of Senior Debt of the acceleration.

Appears in 2 contracts

Samples: Cihc Inc, Cihc Inc

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Issuers and the Trustee shall promptly notify holders of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Indenture (World Almanac Education Group Inc)

AutoNDA by SimpleDocs

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Issuers Company shall promptly notify holders of the Senior Debt of the acceleration.. ARTICLE NINE

Appears in 1 contract

Samples: Note Agreement (Designs Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.